101 pip movement on NZDUSD expected

We expect a $1010 movement on NZDUSD within the next 48 hours. We expect NZDUSD to trend downwards 48 hours following the Balance of Trade events in United Kingdom release because the released value is > £-9.3B. A price movement of 101 pips is expected.

Historical events that allowed us to draw this conclusion

13 Jun 16:00
11 Apr 16:00
11 Feb 18:00
14 Jan 18:00
10 Dec 18:00

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).